SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Radius Explorations Ltd. RDU CDNX exchange as V.RDU

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Condor who wrote (13)1/1/2003 2:43:08 PM
From: Elizabeth Andrews  Read Replies (1) of 71
 
RDU now has 23.7 issued, 34.4 fully diluted, which generates $8.1 million if exercised. Highest warrant price $1.25. Market cap is about $16 million which I believe is too low given the gold values reported.

The four drill holes of the seven that hit 3 are in different structures. Hole 7 is under hole 1 roughly on the same section. It intersects the zone about 70 meters below surface. The average grade of the four holes is 8 g/t gold and 300 g/t silver or about US$ 135 rock. Theses are wildcat holes and this appears to be an important grassroots discovery. Don't forget this is FGX territory.

It's early but soil geochemistry suggests there's lots of room for a million ounce plus resource if the potential of the zones is combined. Stock should go a lot higher and may be the top percentage gainer for a while. Needless to say I own this and speak from this bias.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext